2418 Emerald TrlMinnetonkaMN55305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Minnetonka at 2418 Emerald Trl, Minnetonka, MN, 55305 priced at $1,175,000 pairs $4,005/mo rent with after a $5,751/mo payment. Total monthly income equals $4,005/mo. Return on cash invested is 9.87% in year one, and rental yield stands at 4.09% on a $1,175,000 basis. Equity gained on principal adds $7,582/yr, and 5% annual appreciation accumulates to $324,631 by year five. Five-year ROI measures 48.96% and total cumulative return in cash reaches $186,394. For financing, Ziffy Mortgage’s DSCR program evaluates $4,005/mo property income against a $5,751/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55305, Hopkins, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 5,501 (50.1%) |
| Renter Occupied HU | 4,882 (44.5%) |
| Vacant Housing Units | 589 ( 5.4%) |
| Median Home Value | $498,101 |
| Average Home Value | $575,970 |
Housing Distribution
Address Breakdown
Residential
11,058
Single Family
5,334
Multi-Family
5,724
Businesses
798
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Nearby investment properties with comparable prices
Listed by: Peter A Evans • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6658998
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